Trainline (LON:TRN) Trading 0.5% Higher

Shares of Trainline Plc (LON:TRN) rose 0.5% on Monday . The company traded as high as GBX 370.40 ($4.61) and last traded at GBX 355.40 ($4.42). Approximately 269,549 shares traded hands during mid-day trading, a decline of 70% from the average daily volume of 893,783 shares. The stock had previously closed at GBX 353.60 ($4.40).

Wall Street Analysts Forecast Growth

TRN has been the subject of a number of research analyst reports. Canaccord Genuity Group lifted their target price on Trainline from GBX 371 ($4.62) to GBX 428 ($5.33) and gave the stock a “buy” rating in a report on Friday, February 23rd. Shore Capital reaffirmed a “buy” rating on shares of Trainline in a research report on Monday, March 25th.

Trainline Stock Performance

The company has a market cap of £1.67 billion, a PE ratio of 7,108.00 and a beta of 1.54. The company has a quick ratio of 0.52, a current ratio of 0.71 and a debt-to-equity ratio of 49.06. The company has a 50-day moving average of GBX 340.97 and a 200-day moving average of GBX 309.02.

Trainline Company Profile

Trainline Plc engages in the operation of an independent rail and coach travel platform that sells rail and coach tickets the United Kingdom and internationally. The company operates through three segments: UK Consumer, UK Trainline Partner Solutions, and International. The UK Consumer segment provides travel apps and websites for individual travelers for journeys within the United Kingdom.